According to the documents disclosed by the Hong Kong Stock Exchange on August 23, Graymind Investments Limited increased its shareholding by acquiring a total of 82.136 million common shares at an average on-exchange price of HKD 0.174 per share and an average off-exchange price of HKD 0.17 per share.$BOJUN EDU (01758.HK)$After the shareholding increase, Graymind Investments Limited now holds a total of 82.136 million shares, with a market value of approximately HKD 14.2917 million. The shareholding percentage has increased from 0.00% to 9.09%.
This transaction involves other related parties: Tang Hui.
Additional information: On August 20, 2024, Graymind Investments Limited acquired shares of the issuer through both on-exchange and off-exchange transactions.What is equity disclosure?
According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more of the company's shares) must disclose their shareholding in the listed company. Directors and senior executives of the listed company must disclose their shareholding and equity certificate rights in the listed company and any related companies.
Why is equity disclosure important?
Equity disclosure enables investors to identify (1) individuals who control or have the ability to control the shareholding of the listed company and (2) individuals who may benefit from transactions involving entities related to the listed company.